Shiba Inu has had a spectacular run since its launch, becoming the second-largest memecoin out there. However, many traders think it’s too late to get 100x profits from it because of its size. For those who missed out on Shiba Inu, Cutoshi is a great second chance. Its strong utility means that it will attract both memecoin traders and DeFi investors.
Cutoshi Blends Fun With Utility in Explosive Presale
The Ethereum token Cutoshi (CUTO) is the next memecoin to rival Shiba Inu. Its avatar, the Chinese Lucky Cat, is a famous symbol all over the world, bringing luck and prosperity.
While Cutoshi is a fun memecoin, its main focus is utility. At its core is the Multichain Cutoshi Decentralized Exchange (DEX) which gives its users unparalleled privacy and security. Because Cutoshi takes inspiration from Bitcoin creator Satoshi, it values freedom and privacy. The DEX also has the key benefit of generating revenue for the Cutoshi ecosystem, making it a real utility token.
Cutoshi will also feature NFTs, as an additional way to reward users. These NFTs will go to Cutoshi holders, who can sell them for more profit. Additionally, Cutoshi will have farming, giving even more opportunities to earn. Farming includes collecting points as quest rewards, which convert to Cutoshi tokens. Holders can also stake their tokens for high APY yields.
Currently in its presale phase, Cutoshi is available for the low price of $0.015. As the presale just started, the price will go up in stages. This means that traders who invest first will get the best price for their tokens. Cutoshi will also have merch, giving holders a fun and fashionable way to show their support for the token.
For traders who missed out on Shiba Inu, Cutoshi is a great alternative. With its cute avatar and an abundance of utility, this lucky cat could bring great rewards.
Shiba Inu Sees Huge Growth, But it’s Slowing Down
The “Doge Killer” Shiba Inu (SHIB) has had an impressive performance throughout its lifetime. It went from a small memecoin to a force to be reckoned with. With a $8.33 billion market cap, it became the 13th largest crypto. It is also the second largest memecoin, after the legendary Dogecoin.
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Still, because of its huge market cap, Shiba Inu has been slowing down. Year over year, Shiba Inu rose 91.05%. While this sounds impressive, it was much less than many other popular memecoins. What’s more, Shiba Inu has been on a consistent decline since March, when it reached its multi-year high.
Shiba Holders Jump on Cutoshi
Shiba Inu’s impressive ecosystem, featuring a token swap, NFTs, and merch, closely mirrors that of Cutoshi. Both of the tokens are also on the Ethereum blockchain, which is the gold standard for memecoins. Because the tokens are so similar, many Shiba Inu holders are now jumping to Cutoshi to chase big gains.
This makes sense, as Shiba Inu traders are looking to convert their SHIB bags into projects with more upside. New projects like Cutoshi naturally have more potential, so traders are flocking to them. This influx of SHIB whales will create further buying pressure on Cutoshi, making it even more attractive for investors.
For more information on the Cutoshi (CUTO) Presale:
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https://twitter.com/CutoshiToken
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